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20121222
20121230
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MSNBC
Dec 27, 2012 10:00pm PST
cannot be taken up in the house. but sandy levin has a bill that is i'd wall. all bhoehner has to do is make those changes on the noor. the idea that they would love to pass this senate bill. but the constitution is standing in their way. okay, this is over. you are boeing to fold, when are you going to fold. the senate has lith rated tax bills many peoples. the variety of of ways to get around that. but i want to listen to something within the host on foxnews about how the president has handled this situation. >> he's been using this with great skill to shatter the doubt of the house. his objective from the very beginning was to break the will of the republicans and great an internal civil war. and he has done that. from insisting on day one that republicans have to race rates. he says that is what he will in visit upon flt he knew it will great a crisis and he did. >> between donald world al add. we are deeply think and al ilt ce in wonderland for hours before we hit the deadline. the idea of the tax bill, when i was listening to harry reid. he accept saying groerer ask blocking th
FOX Business
Dec 26, 2012 9:20am EST
on your screen now! david: joining the company now from chicago is larry levin with trading advantage. larry, we hear a lot of theoretical talk, political talk about the fiscal cliff, let's get real specific. we actually have a chart of how much you're paying in taxes now on the left and this is how much extra you would pay if you go off the fiscal cliff. so look at that, if you're 50,000, you pay about 1200 bucks more. 100,000, $3600 more. how specific -- that's how it would affect individual income tax. how would it affect the economy and specifically the commodity trading that you do? >> well, it's for the stock indexes that i trade, the s&p and dow jones those markets i think will take a very large hit. in fact a good example of that would be what we saw about week and a half ago when we saw the republicans come in with the vote and then tend up not taking the vote at all. we saw the s&ps lose about 30 handles overnight, got a lot of that back because everybody thought they would go back and talk again. that's a really good example, a little bit of foreshadowing if you will of wha
Search Results 0 to 1 of about 2